Tag «上海 外菜 vx»

Second Quarter GDP: Better than anticipated

first_imgIn a clear sign that the recession may be easing, commercial and industrial investment in the second quarter fell 8.9 percent, according to the July 31 gross domestic product (GDP) report by the U.S. Department of Commerce. This represents a stark improvement over the first quarter nonresidential construction decline of 39 percent.Compared to the change in GDP last quarter, most of the components within the category of fixed investment fell, but by a moderate degree. Among various components within the nation’s GDP, the biggest decline was in residential construction which fell by 29.3 percent. Investment in equipment and software was down by 9 percent during the quarter, after having fallen 36.4 percent the previous quarter.”Based on ABC’s Construction Backlog Indicator (CBI), infrastructure-related construction is set to accelerate significantly over the next several months.” —ABC Chief Economist Anirban BasuOverall, consumer spending fell by 1.2 percent, lead by a 7.1 percent decline in consumption of durable goods. Consumption of services was up by 0.1 percent after having fallen 0.3 percent. Exports were down, but to a much lesser degree than the estimated 7 percent, while imports were down by 15.1 percent. The decline in the nation’s imports compared to exports indicates a contraction of the trade deficit. Government spending was up 5.6 percent; this important component contributed greatly to the softening in the decline of GDP growth.In all, real gross domestic product fell 1 percent during the second quarter of 2009 following a decline of 6.4 percent during the previous quarter. The second quarter of 2009 marks the fourth consecutive quarterly decline of GDP.What This Means“As predicted, the pace at which the U.S. economy is shrinking slowed significantly during the second quarter of 2009. It is important to note, however, that construction activities were not found to be an important factor in this improvement,” said Associated Builders and Contractors (ABC) Chief Economist Anirban Basu. “The moderation in the economic downturn was largely attributable to other factors, including a shrinking trade deficit and government spending.“Many nonresidential construction activities continue to be in sharp decline. This is particularly true within the commercial construction segments of the industry, which include construction related to office building, retail space, hotel, and other sectors particularly susceptible to business cycles,” said Basu.“However, certain nonresidential construction activities will help bring the economy out of recession over the next several months,” said Basu. “Based on ABC’s Construction Backlog Indicator (CBI), infrastructure-related construction is set to accelerate significantly over the next several months.”Source: Associated Builders & Contractors. July 31, 2009last_img read more

Billy Joel to Play Monthly Shows at Madison Square Garden

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Billy Joel performing in Jacksonville, Fla. in 2007.The Piano Man is going to be in a permanent New York State of Mind.Billy Joel announced Tuesday that he will be performing monthly concerts at the newly renovated Madison Square Garden starting in January for as long as there is demand.“Playing The Garden is an experience that never gets old,” the singer/songwriter from Long Island told reporters during a news conference while reminiscing about first stepping on stage there 35 years ago. “If you have a great audience you usually have a better show.”The partnership with the venue, dubbed Billy Joel at The Garden, was termed MSG’s fourth franchise after the New York Knicks, Rangers and Liberty professional sports teams.Joel, who performed a total of 46 shows at MSG, including a run of 12 in 2006, recently played a surprise charity concert at The Paramount in Huntington before he announced he’ll play The Barclays Center in Brooklyn on New Year’s Eve.He had previously announced four upcoming dates at MSG: Jan. 27, Feb. 3, March 21 and April 18. MSG officials said Tuesday that he’ll also perform at the venue on May 9, his 65th birthday, with future monthly performance dates to be announced.“Billy, having you as our music franchise feels a little bit like having the pope as your parish priest,” said James Dolan, executive chairman of The Madison Square Garden Company and CEO of Cablevision Systems Corp. “We look forward to so many unforgettable nights next year and beyond.”Gov. Andrew Cuomo, who was also on hand for the announcement, noted that Joel—best known for hits such as “The Ballad of Billy the Kid,” “Only the Good Die Young” and “Movin’ Out,” which was turned into a Broadway musical—will be honored by President Obama this weekend at The Kennedy Center for the Performing Arts.“Billy tells the New York story because Billy is the New York story,” Cuomo said. “Billy Joel is truly one of New York State’s great treasurers.”Ticket prices range from $64 to $124, according to the Ticketmaster website.last_img read more

One stabbed to death, another arrested in Binghamton

first_imgPolice say 55-year-old James Sellers of Binghamton was found dead at the scene. They say Sellers was laying on a sidewalk with stab wounds just outside of the location. They say Williams was located at the scene later. The police department told 12 News in a press release that Williams and Sellers had a domestic relationship. The Binghamton Police Department says 30-year-old Shalace Williams of Binghamton was arrested and charged with murder in the second degree, a class A2 felony. BINGHAMTON (WBNG) — Authorities have made an arrest into a fatal-stabbing investigation Thursday night. The police department says officers were called to a report of a “dispute with injuries” at 111 Eldredge St. Binghamton authorities say this was not a random act of violence and there is no threat to the public.last_img read more

Frogmore rides high despite £13m faults

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Bristol retail: Broadmead talks shop

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Thai govt OKs plan for bankruptcy court-led restructuring of Thai Airways

first_imgThailand’s cabinet approved a plan to restructure troubled Thai Airways International Pcl’s finances through a bankruptcy court, the Southeast Asian country’s prime minister said on Tuesday.The plan for a court-led restructuring of the national carrier replaces a previous proposal of a government-funded rescue package that was heavily criticized in the country.The state-controlled airline’s troubles are the latest example of how the coronavirus pandemic is crippling the global airline industry. Colombia’s Avianca Holdings SA and Virgin Australia Holdings Ltd have filed for bankruptcy protection since the pandemic broke out.Airlines around the world have grounded the bulk of their capacity due to government directives and border restrictions.Thai Airways, though, had been in trouble even before the outbreak of the coronavirus due to stiff competition from budget airlines and bloated costs.It posted losses every year after 2012, except in 2016. In 2019, it reported losses of 12.04 billion baht ($377.3 million). Topics :center_img “The government has reviewed all dimensions … we have decided to petition for restructuring and not let Thai Airways go bankrupt. The airline will continue to operate,” Prime Minister Prayuth Chan-ocha told reporters at a news briefing. “Thai Airways will be protected by the courts …. and a professional will be appointed to oversee the restructuring,” Prayuth said, adding the airline’s workers will continue to have jobs.Thai Airways said the plan will be implemented through the Central Bankruptcy Court and it would operate as usual as the restructuring took place.“Thai Airways will not be dissolved or go into liquidation or be declared bankrupt,” Thai Airways Acting President Chakkrit Parapuntakul said in a statement.Operations including passenger and cargo transportation will continue in parallel with the plan, he said.Thai Airways shares surged 11.7% on Tuesday, but are still down by about a third this year. last_img read more

Shoaib Akhtar lashes out at Jofra Archer for lack of courtesy after Smith injury

first_imgAdvertisement 91ygNBA Finals | Brooklyn VshqzcWingsuit rodeo📽Sindre E49( IG: @_aubreyfisher @imraino ) zlWould you ever consider trying this?😱2asovCan your students do this? 🌚e04xsRoller skating! Powered by Firework Former Pakistani fast-bowler Shoaib Akhtar slammed England’s Jofra Archer saying that the English pacer lacked “courtesy”, after his brutal bouncer left Steve Smith on the floor. The blow was so dangerous that it forced the former Australian skipper to retire hurt with a temporary concussion. And on Sunday the ‘Rawalpindi Express’ didn’t hold back to criticise Archer’s behaviour. He pointed out that he was always the first one to rush to the batsman whenever such kind of incident occurred during his playing days.Advertisement “Bouncers are a part & parcel of the game but whenever a bowler hits a batsman on the head and he falls, courtesy requires that the bowler must go & check on him. It was not nice of Archer to just walk away while Smith was in pain. I was always the first one to run to the batsman,” Akhtar tweeted.Advertisement On the 4th day of the rain-affected second Ashes test at Lord’s, Smith was batting on 80 from 152 balls when the bouncer by Archer hit him on the unprotected part of the neck. The medical staffs from both sides rushed immediately onto the pitch, with the English players also gathering around to check on the Aussie superstar. Smith, who did not want to leave the field in the first place walked back to the pavilion to a round of loud applause. He came back after a while but didn’t look as composed as he was before. He added 12 more runs before being dismissed by Chris Woakes.Advertisement Advertisementlast_img read more